Techfest
Latest income
£419k
Latest spending
£509k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that TechFest reported a net deficit of £89,208 for the year ended 31 December 2025, reducing total accumulated funds to £313,217. The trustees confirm that unrestricted reserves are sufficient to cover one year’s administration and support costs, and the charity remains financially resilient despite being highly dependent on energy industry funding.
What the accounts disclose
Highest-paid employee band: £60,001 - £70,000
“During the year, key management (2 Directors) received £96,023 in remuneration for services provided.” — page 14
Per FY2025 accounts as filed with OSCR.
Payments to trustees: 2 Directors received £96,023 in remuneration for services provided.
“During the year, key management (2 Directors) received £96,023 in remuneration for services provided. (2024 — 2 Directors received £111,878). This remuneration is paid under the company’s Articles of Association.” — page 14
Per FY2025 accounts as filed with OSCR.
Related-party transaction: The document states the University of Aberdeen is the landlord and Robert Gordon University hosts programmes, but does not disclose specific transaction amounts for these relationships in the notes.
“We are especially grateful to the University of Aberdeen which has helped immeasurably as our landlord since TechFest was founded, and to Robert Gordon University which host the Schools Programme and many of the public programme Festival events.” — page 5
Per FY2025 accounts as filed with OSCR.